So i recently rented a VPS (just waiting for it to be set up) which allows me to host 2TB worth of content, has a 1GB upload/download and has a plex server installed on it.

I was hoping to add this to my PMS so i can stream it to my computer then have PMS re-encode it as needed to my xbox 360 and playstation 3. With the usage caps in Canada it would be easy to have my own personal netflix, instead of downloading 100s GB of material. I will just download it to my VPS then as needed stream it via PMS.

Is this possible? I know playon/tversity has this function, But i like PMS because it is light, relatively straight forward and free